Restaurant for Lease

Retail-Commercial for Lease
Catylist Listing ID: 30755727
Property Subtypes: Restaurant
Contiguous Space: 2,961 SF
Gross Building Area: See Agent
Lease Rate: $5,000 (Monthly)
$20.26 PSF (Annual)
Lease Types: NNN
Last Updated: 9/19/2021

Overview / Comments

Please contact the agent for more information about this listing.

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Suite: 1 2,961 SF $5,000 (Monthly) NNN
Space Available: 2,961 SF
Lease Rate: $5,000 (Monthly)
$20.26 PSF (Annual)
Lease Type: NNN
Space Description: Calling all restaurateurs. The Ramada Inn on East Main Road in Middletown sold in October 2019, it is undergoing a full interior and exterior renovation and will become a Boutique Joie de Vivre which is a soft brand owned by Hyatt. The restaurant can host up to 110 people it is 2,281 SqFt with a 680 SqFt kitchen. Liquor license will be transferred to the new operator. Breakfast, lunch, dinner and room service for the 119 rooms + catering opportunities in two larger banquet style rooms.
Date Available: 8/18/2021
Space Type: New

Additional Details

Nearest MSA: Providence-Warwick
County: Newport
Tax ID/APN: MI 113 26

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,684 40,991 52,850
Median Age: 44.23 41.19 41.6
Households: 3,693 17,705 22,250

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